Worldcoin could make it easier to create digital identities for people worldwide. And even if it fails, more projects like it are coming. Source: https://cointelegraph.com/app/public/index.php/news/worldcoin-improve-world-why-not-give-chance
Month: September 2023
Tennis Meets Tech as Tiffany, Amex, Wilson Descend Upon US Open
With the U.S. Open in full swing, hundreds of thousands of spectators are currently descending on New York City to witness one of the marquee competitions in professional tennis. Attendees of the Open, one of the four major “Grand Slam” tennis tournaments held around the world annually, will also encounter an array of immersive, high-tech offerings from familiar brands designed…
Bitcoin lines up RSI showdown as BTC price slips toward new 2-week low
Bitcoin (BTC) fell further after the Sep. 1 Wall Street open as monthly close losses continued to play out. BTC/USD 1-day chart. Source: TradingView BTC price “Grayscale hype” disappears Data from Cointelegraph Markets Pro and TradingView followed weakening BTC price performance, which hit its lowest since Aug. 22. Bitcoin bears took full advantage of the August monthly close, with downside…
INTERVIEW: How Will Aurory Use NFTs and Crypto?
Michael Natoli, Aurory’s Head of Marketing and Business Development, tells Decrypt’s Jason Nelson about how the Aurory games will use NFTs and crypto and shares the studio’s broader stance on the tech. Source: https://decrypt.co/videos/interviews/qv3VwNmM/interview-how-will-aurory-use-nfts-and-crypto
Onboarding crypto users in Africa vs. the West — Fonbnk founder Christian Duffus explains
The African continent is considered a significant market for crypto adoption due to its youthful population, flawed economic management by governments, and inadequate financial infrastructure for internal and global connectivity. On Episode 28 of Hashing It Out, host Elisha Owusu Akyaw is joined by Christian Duffus, founder of Fonbnk, to discuss the complexity of onboarding users from the continent. Duffus shares…
Cambridge Updates Bitcoin Mining Index to Reveal True Power Consumption
After three years, the University of Cambridge has implemented a major update to its Bitcoin Electricity Consumption Index (CBECI) to more accurately assess the global energy footprint of Bitcoin miners. The conclusion? The previous power estimates were greatly overestimated. “The first and most noticeable discrepancy appears in 2021, where our previous CBECI model estimated an electricity consumption of 104 terawatt-hours…
Binance Australia GM ‘really confident’ regulators will side with crypto
Ben Rose is hopeful that Binance Australia’s banking woes will be relieved by positive regulation in the future. Source: https://cointelegraph.com/app/public/index.php/news/binance-australia-head-confident-positive-crypto-regulation
Google Cloud’s James Tromans on the Intersection of AI and Web3
Google Cloud’s James Tromans on the Intersection of AI and Web3 Google’s Global Head of Google Cloud for Web3 James Tromans sat down with Decrypt’s Jason Nelson to discuss how AI can help Web3 companies come to market faster and the real value of Web3 tools. Source: https://decrypt.co/videos/interviews/OeD4uoLj/google-clouds-james-tromans-on-the-intersection-of-ai-and-web3
Robinhood bought back Sam Bankman-Fried’s stake from US govt for $606M
Cryptocurrency and stock trading platform Robinhood has announced the purchase of more than 55 million shares of the firm previously held by former FTX CEO Sam Bankman-Fried. According to an Aug. 31 blog post, Robinhood completed a purchase of 55,273,469 shares for roughly $606 million following a filing with the United States Securities and Exchange Commission (SEC). The shares, originally…
Polygon makes new sidechain developer stack opensource, supporting ZK-powered Layer 2s on Ethereum
The Ethereum (ETH) ecosystem could welcome a variety of new layer 2 (L2) protocols built on Polygon’s newly open sourced codebase Chain Development Kit, which harnesses zero-knowledge proof (ZK-proof) technology to ensure security and fast finality. Jordi Baylina, technical lead of Polygon Hermez zkEVM, spoke to Cointelegraph exclusively about the new tool set which is publicly available on a Github…